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Common use of List of Bank Accounts Clause in Contracts

List of Bank Accounts. 4.1 The Pledgor shall supply at its own expense to the Security Agent a list of the pledged accounts referred to in this Agreement within a period of ten (10) days from the end of each calendar quarter. The first list shall be supplied on the [Date] (the “Account List”). 4.2 The Account List shall contain the account number, the accounting balances, the bank code number and the addresses of the banks holding these accounts. 4.3 The parties to this Agreement agree that all claims from the bank accounts that are specified in the Account List pursuant to Clause 4.1 are pledged to the Pledgees having equal priority. 4.4 The Pledgees are entitled to request further Account Lists from the Pledgor at its expense, such Account Lists to be supplied by the Pledgor to the Security Agent.

Appears in 3 contracts

Samples: Project Financing Facility Agreement, Loan Agreement (Mercer International Inc), Project Facility Agreement (Mercer International Inc.)

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List of Bank Accounts. 4.1 The Pledgor shall supply at its own expense to the Security Agent a list of the pledged accounts referred to in this Agreement within a period of ten (10) days from the end of each calendar quarter. The first list shall be supplied on the [Date] (the "Account List"). 4.2 The Account List shall contain the account number, the accounting balances, the bank code number and the addresses of the banks holding these accounts. 4.3 The parties to this Agreement agree that all claims from the bank accounts that are specified in the Account List pursuant to Clause 4.1 are pledged to the Pledgees having equal priority. 4.4 The Pledgees are entitled to request further Account Lists from the Pledgor at its expense, such Account Lists to be supplied by the Pledgor to the Security Agent.

Appears in 1 contract

Samples: Project Financing Facility Agreement (Mercer International Inc)

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